Clean energy stocks up 16.9% as fossil fuels fall

By Jonathan Dyble.Aug 21, 2017, 3:54PM

With the Carbon Clean 200 index having been set up in a collaboration of non-profit organisations You Sow and Corporate Knights in August 2016, the index has revealed the performance of the clean energy industry for its first full year through June 2017.

Whilst the S&P Energy index showed fossils fuels declining by 1.2%, the Carbon Clean index showed clean energy rising by 16.9% in the same period, with the top five companies on the list being Siemens, Toyota, Schneider Electric, ABB and Panasonic.

To qualify for the list, companies must produce at least 10% of their revenue from clean energy, with oil and gas companies and those that generate less than 50% of their energy resources automatically excluded from the index.